BKNS Management LLC v. Frysta Management LLC

USONUITTEHDE RSTNA DTIESST RDIICSTT ROIFC TN ECWOU YROTR K ---------------------------------------------------------------------- X : BKNS MANAGEMENT LLC, : : Plaintiff. : : -v- : 24 Civ. 3631 (JPC) : FRYSTA MANAGEMENT LLC, : OPINION AND ORDER : Defendant. : : ---------------------------------------------------------------------- X JOHN P. CRONAN, United States District Judge: This case presents a question that has divided courts in this Circuit: Whether New York’s criminal usury law, which caps annual interest on a loan at twenty-five percent, applies to fees imposed upon a borrower’s…